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12 Aug 2025, 19:53
Monero Crashes on 51% Attack Fears: Here’s What the Charts Say Is Next for XMR
Fears of a network takeover have sent the price of Monero crashing down. And the XMR charts don’t look pretty.
12 Aug 2025, 19:47
Momentum Is Here – But Will Liquidity Unlock Bitcoin’s Price Discovery?
Bitcoin’s recent rally briefly surpassed its $120,500 breakout target, which has raised the question of what’s next for the leading cryptocurrency. But liquidity trends will determine whether momentum continues or stalls near all-time highs. Liquidity for Breakout Potential In its latest market commentary, Swissblock said that while broader macroeconomic volatility and potential downside pressure remain in play, Bitcoin’s price momentum is “aligning” and showing signs of “ignition.” Such a setup typically supports further gains. However, the firm warned that the path ahead will depend on the correlation between key on-chain and liquidity metrics. Meanwhile, Swissblock’s analytics firm Bitcoin Vector found that as Bitcoin edges closer to its all-time high, network growth is currently high at a ratio of around 82, and liquidity is in a mid-range at approximately 52. This combination historically favors continuation if liquidity strengthens into the 50-60 range, which is expected to provide “fuel for another leg” upward. On the other hand, if liquidity falls below 40 while network growth remains high, it could signal a late-stage risk setup. This pattern often precedes choppy tops or sharp pullbacks. Bitcoin Vector said that surpassing the all-time high is only the first step; sustaining the breakout and entering full price discovery will depend on liquidity trends. BTC Moves in Step with Stocks While Bitcoin managed to erase the prior week’s losses, Ethereum appears to have led the rally. The altcoin gained 21% over the past week and breached $4,300 for the first time since 2021. QCP Capital observed that the correlation between Bitcoin and equities has strengthened significantly since mid-July. Today’s crypto performance reflected gains in US stocks, which have rebounded from last week’s post-payrolls dip to trade near record levels, and in the process, shrugged off fresh tariffs and macroeconomic uncertainty. The immediate market focus is on Tuesday’s US Consumer Price Index (CPI) release, with consensus expecting a 10 bps uptick in annual inflation to 2.8%. A softer-than-expected print would likely cement market expectations for a September Federal Reserve rate cut, odds already near certainty after a dovish pivot from several Fed officials. QCP stated such an outcome could provide the push needed for crypto to set new all-time highs. But, a hotter CPI reading could prompt a pause in the rally, with some traders already hedging via increased demand for front-end $115k-$118k BTC puts, while topside short-call covering continues. The firm expects front-end volatility to remain high until the CPI release, potentially followed by compression unless BTC decisively breaks resistance. Beyond on-chain liquidity metrics, institutional demand and spot ETF inflows remain critical watchpoints as Bitcoin hovers near its peak, while traders may engage in profit-taking likely before CPI. QCP maintained a structurally bullish outlook and cited the market’s resilience in absorbing recent large “OG whale” sell-offs without losing upward momentum. Key upcoming data include US CPI on August 12th, PPI and unemployment claims on August 14th, and US retail sales on August 15th. The post Momentum Is Here – But Will Liquidity Unlock Bitcoin’s Price Discovery? appeared first on CryptoPotato .
12 Aug 2025, 19:45
Takeaways from Circle’s first post-IPO earnings call
USDC issuer plans layer-1 blockchain launch in bid to “underpin all stablecoin finance”
12 Aug 2025, 19:42
Mysterious Whale Unleashes Bull Mode on Ethereum: Entering a Buying Frenzy – Here Are the Details
The cryptocurrency market is experiencing some notable activity. An anonymous whale or institutional investor recently purchased 35,237 units of Ethereum (ETH). This purchase, valued at approximately $155.06 million, brings the investor's total ETH holdings to 328,421. The assets, totaling $1.445 billion, are held across 10 different wallets acquired through FalconX, GalaxyDigital, and BitGo. This whale had previously added 59,998 ETH ($253.62 million), bringing its total holdings to 293,184 ETH ($1.24 billion). Related News: Trump May Announce a New Candidate for FED Chair: Here Are His Views on Cryptocurrency Meanwhile, a total of 14,942 ETH ($64.17 million) was unstaking from three wallets belonging to another asset owner and deposited on the Binance exchange. On the other side of the market, another mysterious crypto whale, AguilaTrades, lost $683,000 by closing a 15x leveraged ETH short position. AguilaTrades' total losses from ETH short positions to date have reached $2.81 million. The ETH price made a new attack today, reaching the $4,500 mark. *This is not investment advice. Continue Reading: Mysterious Whale Unleashes Bull Mode on Ethereum: Entering a Buying Frenzy – Here Are the Details
12 Aug 2025, 19:40
Silicon Valley firm Fenwick & West sued for allegedly aiding in FTX's fraud
FTX investors reportedly filed an amended class-action lawsuit against Silicon Valley law firm Fenwick & West, alleging the firm played a central role in enabling Sam Bankman-Fried’s (SBF) $8 billion fraud that led to the crypto exchange’s collapse in November 2022. The lawsuit is based on accusations that Fenwick & West is “deeply intertwined in nearly every aspect” of FTX’s collapse, and that the firm enabled Sam Bankman-Fried’s fraud and helped design it. Fenwick & West gets hit with a lawsuit The lawsuit is part of a multidistrict litigation involving over 130 law firms that had business dealings with FTX. However, Fenwick & West was singled out and stands as the only firm facing fraud charges in the dedicated “Law Firm Track.” The plaintiff now claims to be able to prove that the law firm was aware of the fraud and even provided “substantial assistance” that facilitated the multi-billion-dollar scheme. The lawsuit is an attempt to hold a major law firm liable under federal racketeering (RICO) laws for the role they played in client fraud, rather than providing bad legal advice. Investors have alleged the firm was behind the corporate structures that helped former FTX CEO Sam Bankman-Fried and insiders steal hundreds of millions in customer funds via sham “loans.” However, legal commentators cautioned that proving law firm culpability will require more than extensive client engagement. The lawsuit comes as FTX distributions proceed The Fenwick lawsuit comes after similar legal action was taken against law firm Sullivan & Cromwell last year. The firm was accused of billing $8.5 million in fees while serving as primary counsel in the 16 months preceding FTX’s collapse. Both firms are now accused of enabling Sam Bankman-Fried’s fraud scheme that commingled customer assets with Alameda Research’s trading operations. The filing is also happening as FTX continues its distribution process, having repaid $6.2 billion to creditors across two major payment rounds since February 2025. The exchange is now looking to dispute claims from 49 restricted jurisdictions worth $800 million, with Chinese users accounting for 82% of the disputed value despite representing only 5% of allowed claims. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
12 Aug 2025, 19:38
LET Mining Seizes the Opportunity in the Cryptocurrency Market with the Launch of an Innovative, High-Yield Cloud Mining Model
The cryptocurrency market is experiencing an unprecedented surge in growth. With global policies becoming increasingly clear and regulatory licenses being issued at an accelerated pace, digital assets, expanding from Bitcoin and Ethereum to emerging currencies like Solana and XRP, are rapidly penetrating the asset allocation systems of global investors. Market enthusiasm continues to grow, and crypto assets are gradually moving from fringe tools to the core of mainstream finance. With the maturity of blockchain technology and the increasing popularity of digital assets, more and more people are interested in how to efficiently and conveniently participate in the market and realize asset appreciation. Against this backdrop, LET Mining, with its innovative cloud mining model , provides investors with a low-barrier, highly efficient mining solution, helping users easily capitalize on the cryptocurrency boom. Riding the Wave, Lowering the Barrier Mining is a way to acquire cryptocurrency. Traditional mining requires expensive mining machines, vast electricity resources, and a professional operations and maintenance team, making it prohibitive for most ordinary investors. LET Mining utilizes a cloud mining model, deploying mining machines in global green data centers. Users simply rent computing power online, eliminating the need to purchase hardware or shoulder the operational burden, making it easy to participate in global cryptocurrency mining. Innovative Technology, Stable Returns LET Mining not only utilizes high-performance mining machines, but also utilizes an intelligent computing power scheduling system to automatically select the currency with the highest mining profit potential, improving output efficiency. Furthermore, the platform monitors the operating status of the mining machines in real time, ensuring stable equipment operation 24/7, maximizing user returns. Green Mining, Embracing a Zero-Carbon Future With the global trend towards carbon neutrality, LET Mining actively utilizes clean energy to power its data centers, significantly reducing carbon emissions and achieving green mining. This not only aligns with the concept of sustainable development but also provides users with a more socially responsible investment approach. Substantial Returns, Flexible Withdrawals LET Mining offers a variety of contract periods and computing power packages, allowing users to freely choose according to their needs. Revenue is settled daily, and multi-currency withdrawals are supported, allowing for greater freedom and flexibility in capital flow. How can you participate and earn cryptocurrency returns? Register: Visit the official website at https://letmining.com/ and quickly complete the registration process to receive a $12 bonus. One-click Contract Startup: After successful registration, go to the contract page and purchase a cloud computing power contract. The system runs 24/7 and generates income. The platform offers a variety of flexible plans to meet all user needs. Experience contract: investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8 BTC classic computing power: investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30 DOGE Classic Hash Power: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840 BTC Advanced Hash Power: investment amount: $5,000, contract period: 30 days, daily income of $75, expiration income: $5,000 + $2,250 BTC advanced computing power: investment amount: $10,000, contract period: 44 days, daily income of $174, expiration income: $10,000 + $7,656 (Click here to view more high-yield contract details) Daily Payment: The contract generates a fixed daily income, which is deposited to the user’s account on time. The income can be withdrawn or reinvested, generating compound interest. Looking Forward With the popularity of cryptocurrencies and the continuous advancement of blockchain technology, cloud mining will become the preferred choice for more investors. LET Mining will continue to optimize its technology and expand its global node network to create higher returns for users while leading the industry towards a more efficient and environmentally friendly future. In the crypto wave, opportunities belong to those who move first. Join LET Mining and let your digital assets continue to grow in value in the cloud! Official Website: https://letmining.com/ Official Email: [email protected] Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post LET Mining Seizes the Opportunity in the Cryptocurrency Market with the Launch of an Innovative, High-Yield Cloud Mining Model appeared first on Times Tabloid .